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The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed jobless rolls shrunk to levels last seen in early June. The U.S ...
Overseas Filipino Worker (OFW) is a term often used to refer to Filipino migrant workers, people with Filipino citizenship who reside in another country for a limited period of employment. [3] The number of these workers was roughly 1.77 million between April and September 2020. Of these, female workers comprised a larger portion, making up 59. ...
February 22, 2011 – December 20, 2011. POEA suspended the deployment of Filipino workers to Libya due to political unrest. In December 2011, workers in the medical and petroleum industry began to be gradually deployed to Libya. The situation in Libya was assessed to have been improved when the Alert Level on Libya was reduced to level 1 from ...
The provisions on unemployment benefits were dropped when the legislation was amended in 1957 to prioritize retirement, sickness, disability and death benefits. [ 4 ] Under the 2018 legislation, the benefits are dispensed through a one-time payment to equal to 50 percent of the claimant's monthly salary for a maximum of two months.
Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, while the yen was jittery ahead of a monetary policy decision in Japan ...
The current unemployment rate of 4.1 percent is still below the Fed’s estimates of the “natural” rate of unemployment (4.2 percent) — a level that allows for everyone who wants a job to ...
ADB predicted that due to prolonged COVID-19 woes, there are at least 87,000 jobless Filipinos in a best-case scenario, while in a worst-case scenario, 252,000 Filipinos would lose their jobs. [164] Based on the data from the Department of Labor and Employment (DOLE) on March 23, 2020, there are 108,620 workers affected in the middle of the ECQ ...
The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the labor market was deteriorating. The weekly ...